The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.

It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment.

Hide

-0.1% m/m

Low

07:00

Wholesale Price Index

Wholesale Price Index

Country:

Date:

Monday, 12 December 2016 07:00

Importance:

Low

Previous:

0.4% m/m; 0.5% y/y

Forecast:

-

Actual:

-

Period:

Nov

Measures changes in the prices paid by retailers for finished goods. Growth in wholesale prices usually precedes increases in retail prices, thus changes in Wholesale Prices can be used as an early indicator for inflation. While the CPI records price changes for retail goods, the WPI might pick up inflationary pressures before they reach the headline retail CPI report. The headline number is the percentage change in the index.

10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.

Hide

2.02%; 2.22

Low

Tuesday, 13 December 2016

00:30

House Price Index

House Price Index

Country:

Date:

Tuesday, 13 December 2016 00:30

Importance:

Мedium

Previous:

2.0% q/q; 4.1% y/y

Forecast:

-

Actual:

-

Period:

3 quarter

Tracks changes in housing prices in Australia's eight provincial capital cities: Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart, Darwin, and Canberra. The headline number is the weighted average percentage change from the previous quarter. Like any price index, the housing price indexes measure inflationary pressures, in this case specifically from the housing sector. The headline number is the quarterly percentage change in the index.

Hide

2.0% q/q; 4.1% y/y

Мedium

00:30

NAB Business Confidence

NAB Business Confidence

Country:

Date:

Tuesday, 13 December 2016 00:30

Importance:

Мedium

Previous:

4

Forecast:

-

Actual:

-

Period:

Nov

A survey of the current state of the business sector in Australia . Based on a survey of hundreds of small and large sized companies, the National Australia Bank delivers monthly comprehensive quarterly reports.

This comprehensive survey primarily provides insight into the state of the Australian economy and puts forth leading indicators that signal its future direction. Thus the survey's findings, if unexpected, have the power to move markets directly.

The National Australia Bank releases both a monthly and quarterly report. The quarterly report is more comprehensive, surveying around 1000 small to large non-farm firms. The quarterly report provides greater detail on the data as well as a short to mid-term outlook of Australia . Because of seasonal volatility and government protections the survey only excludes the farm sector.

Hide

4

Мedium

02:00

Industrial Production

Industrial Production

Country:

Date:

Tuesday, 13 December 2016 02:00

Importance:

Нigh

Previous:

6.1% y/y; 6.0% y/y

Forecast:

-

Actual:

-

Period:

Nov

Measures the volume change of output of the manufacturing and energy sector.

Hide

6.1% y/y; 6.0% y/y

Нigh

02:00

Fixed Asset Investment

Fixed Asset Investment

Country:

Date:

Tuesday, 13 December 2016 02:00

Importance:

Мedium

Previous:

8.3%ytd/y

Forecast:

-

Actual:

-

Period:

Nov

Fixed asset investment, or FAI, is a measure of capital spending. It refers to any investment within the measurement period in physical assets, such as real estate infrastructure, machinery, etc. that are held for more than one year. FAI can be a good indicator for how much investment is occurring in a country or region, but it is not a direct contributor to GDP.

Hide

8.3% ytd/y

Мedium

02:00

Retail Sales

Retail Sales

Country:

Date:

Tuesday, 13 December 2016 02:00

Importance:

Low

Previous:

10.0% y/y; 10.3% y/y

Forecast:

-

Actual:

-

Period:

Nov

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

Hide

10.0% y/y; 10.3% y/y

Low

07:00

Final Consumer Price Index

Final Consumer Price Index

Country:

Date:

Tuesday, 13 December 2016 07:00

Importance:

Low

Previous:

0.1% m/m; 0.8% y/y

Forecast:

0.1% m/m; 0.8% y/y

Actual:

-

Period:

Nov

The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Risk notification: It is necessary to remember that trading on Forex is a risky process. Traders should be highly trained to reduce the risk of losses.
Trading on Forex may bring good results and regular income. The point is to understand the market signals correctly.
Please pay attention to the fact that the Forex.co trading portal is not responsible for the reliability of the provided information and any damage directly or indirectly connected with the materials published on the portal. Data presented on the website may be inaccurate due to delay inpublication.
Information on the Forex trading portal is devoted to the analysis and online trading on the currency market.